Recently, XRP's market performance has attracted investors' follow. Let's take a deep dive into XRP's current status and future trends.

From a technical perspective, $2.47 has become a key support level for XRP. This price level has been tested multiple times since mid-2024 and has become an important reference point for investor sentiment and technical analysis. If XRP can hold this level, we may see it gradually advance towards $3.50, $4.00, or even $4.50. However, if it falls below $2.47, XRP may retreat to the $1.80-$2.00 range.

In terms of technical indicators, the Relative Strength Index (RSI) has rebounded from the oversold zone, indicating that market sentiment is improving. Meanwhile, the Moving Average Convergence Divergence (MACD) has turned positive, further reinforcing the bullish signal.

From a fundamental perspective, the utility of XRP continues to be recognized. Financial institutions are continually adopting Ripple's cross-border payment solutions, providing a solid application foundation for XRP. On-chain transaction volume has increased by 40% since the beginning of the year, highlighting the value of XRP in real-world applications. These factors make XRP stand out in the cryptocurrency market, not just as a speculative tool.

However, we cannot ignore the potential risks and uncertainties. On the macroeconomic front, the Federal Reserve's interest rate policy in 2025 will impact the entire cryptocurrency market. On the regulatory side, the upcoming MiCA framework in the EU may affect the liquidity of XRP, leading to short-term fluctuations.

In summary, the future trend of XRP will largely depend on whether it can hold the key support at $2.47. If successful, XRP is expected to challenge the high of $4.80 within the next 12 to 18 months. However, if it fails to hold, investors should shift their attention to the $1.80-$2.00 range as the next line of defense.

In any case, investors should be cautious when making decisions and fully consider the complexity and unpredictability of the market.